Costco Wholesale Q4 EPS $4.86 Beats $4.79 Estimate
Portfolio Pulse from Benzinga Newsdesk
Costco Wholesale reported Q4 earnings of $4.86 per share, beating the analyst consensus estimate of $4.79 by 1.46 percent. This represents a 15.71 percent increase over earnings of $4.20 per share from the same period last year.
September 26, 2023 | 8:16 pm
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Costco's Q4 earnings beat estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Earnings reports are a key indicator of a company's financial health. A higher than expected earnings report generally leads to a positive reaction in the stock market. Therefore, Costco's better than expected Q4 earnings could potentially lead to a positive impact on its stock price.
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